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Added to YB: 2025-11-20

Pitch date: 2025-11-19

NVO [neutral]

Novo Nordisk A/S

-3.21%

current return

Author Info

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Company Info

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products.

Market Cap

DKK 1.4T

Pitch Price

DKK 317.60

Price Target

228.00 (-26%)

Dividend

3.76%

EV/EBITDA

9.60

P/E

13.52

EV/Sales

4.81

Sector

Pharmaceuticals

Category

value

Show full summary:
Novo Nordisk ($NVO): A Quality Investing Deep Dive into the GLP-1 Leader's Long-Term Potential and Risks

NVO (short-term pass): Despite quality foundation structure, vertical integration & obesity TAM of 934M growing 7% annually (97% untapped), facing structural market share decline vs Lilly (80%→57% obesity, 56%→52% GLP-1). Compounding headwinds, potential US pricing pressure, patent cliff 2031-32. At 14x forward PE needs 13-15% FCF growth for 10% return. Quality company, insufficient margin of safety.

Read full article (69 min)